72023, Cabot, AR

The 72023 zip code of Cabot, Arkansas has a median home value of $101,000. This is lower than the national median home value of $177,500. The 72023 zip code also has a lower home equity value than most other zip codes in Arkansas. The average home equity in the 72023 zip code is $41,000. This is much lower than the statewide average of $112,500 and the national average of $142,700.

There are several factors that may contribute to these low home equity values in the 72023 zip code. One reason may be that Cabot is a small town with a limited number of homes for sale. Another reason may be that many Cabot residents are retired and do not need as much money to buy or build a home as they did when they were working. Finally, many Cabot residents have taken out large mortgages to buy their homes and may not be able to afford to pay off their loans anytime soon if their home values continue to decline.